White House Continues Preparations for Possible Sequestration in January

The White House Office of Management and Budget has again requested federal agencies to provide additional information and analysis of their planned spending in advance of automatic spending cuts scheduled to go into effect Jan. 2 under mandated sequestration.

The Budget Control Act calls for spending cuts totaling $1.2 trillion over 10 years to go into effect Jan. 2 if Congress fails to adopt an alternative deficit-reduction plan. The White House is ...